Login Subscribe
Tax Insider for March 10
Tax Insider 5 min read

Tax Insider for March 10

The usual threats of tax increases are sitting on the sidelines and seem unlikely to come up any time soon. Is this session actually different or are we in the eye of a hurricane?

Top Lines

  • Unlike previous sessions, Oregon is shying away from controversial proposals to raise some of the most prominent taxes. Is this an illusion or a new reality?
  • The House Revenue Committee is diving deeper into a proposal to require uniform income tax rules between state and local governments. Local control is always a sticky issue, but the committee seems keen on exploring the matter further.
  • The Senate Finance & Revenue Committee discussed a proposal to extend and potentially expand the state's program allowing pass-through businesses to pay their taxes as an entity, saving their owners and shareholders substantial money on their federal taxes.

This post is for subscribers of Tax Insider

Contact us for more information about our premium newsletter products

You might also like...

Jun
23
Tax Insider for June 23, 2023

Tax Insider for June 23, 2023

The revenue committees normally conclude their work around the same time the Ways & Means Committee finalizes its end-of-session budgets. That is not the case this year, with the tax-writing process running in overdrive with less than 72 hours remaining in the session.
5 min read
Jun
16
Tax Insider for June 16

Tax Insider for June 16

In the final stretch of the session, the legislature is shaking up the way tax bills move through the process, taking some of the decision-making powers away from the revenue committees and handing the keys over to the Ways & Means Committee.
4 min read
Jun
09
Tax Insider for June 9

Tax Insider for June 9

The revenue committees are moving quickly to piece together omnibus tax bills for the session, with a few controversies coming up before they call it quits for the session.
5 min read
Jun
02
Tax Insider for June 2

Tax Insider for June 2

The legislative committees transition to the main event of the session and present dueling proposals seeking to enhance and change the state’s tools for recruiting business investment. The final policy will likely be the last major issue for the Joint Committee on Tax Expenditures.
4 min read
May
26
Tax Insider for May 26

Tax Insider for May 26

While the state economists are bullish on migration trends recovering, they acknowledge the economy and revenue stream will increasingly rely on the state serving as a place where businesses want to invest. The legislature is sending mixed policy signals on the future of pro-growth tax incentives.
4 min read